Outfront Media (OUT) Misses Q1 EPS by 9c, Revenues Miss
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Outfront Media (NYSE: OUT) reported Q1 EPS of ($0.52), $0.09 worse than the analyst estimate of ($0.43). Revenue for the quarter came in at $259.2 million versus the consensus estimate of $272.67 million.
"First quarter revenues came in as expected and, from here forward, we will be making a big forward step towards our record 2019 results," said Jeremy Male, Chairman and Chief Executive Officer of OUTFRONT Media. "We are experiencing substantial revenue growth in all our segments in the second quarter, which will be the inflection point for both us and the industry as the world moves from stay-at-home to out-of-home."
For earnings history and earnings-related data on Outfront Media (OUT) click here.
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